Gold Accounts, Special Current Accounts and Participation Accounts (which are not subject to commercial transactions and opened by real people.) in Participation Banks are insured up to an amount of equivalent 100,000 TL per person.

To open Special Current Account, you can visit the closest Albaraka Turk Branch with the following documents:

Turkish Citizens

1. ID Card: ID card, driver's license or passport

2. Address Document: Any utility bills (telephone, electricity, water, etc.) issued in the last three months, place of residence, or any document containing address information issued by official authorities.

Foreigners with Residence Permit in Turkey

1. ID Card: Passport or Residence Permit Card

2. Foreign Identification Number

3. Address Document: Passport with address information, any utility bill issued in the last three months (telephone, electricity, natural gas, water, etc.) or any document containing address information issued by official authorities.

Foreigners Living Abroad

1. ID Card: Passport or ID document *

2. Tax Identification Number

3. Address Document: A copy of any utility bill for the last three months showing the address of the passport with the address information or the address of the country in which the person lives (This document may be delivered to our branch by fax, e-mail or mail.)

(*)a) The "European Agreement on the Travel of Persons among the Council of Europe Member States" states that the Contracting Parties shall provide the identity documents (with the entry and exit form which must be filled in at the border gates) issued by the authorities of the country of origin of the non-commercial citizens for a period of not more than three months

The identity card of the citizens of the Turkish Republic of Northern Cyprus (issued by the TRNC. Ministry of Interior)

NOTE: According to Article 27 of the Turkish Citizenship Law No. 5901, those who lose their Turkish citizenship are accepted as foreign nationals.

You can open a Special Current Account in following currencies.

Turkish lira (TRY)

American dollar (USD)

Euro (EUR)

Australian dollar (AUD)

Danish krone (DKK)

British pound (GBP)

Swiss franc (CHF)

Swedish krona (SEK)

Japanese yen (JPY)

Canadian dollar (CAD)

Norwegian krone (NOK)

Saudi Arabia riyal (SAR)

United Arab Emirates dirham (AED)

Gold Account (XAU)

Application

You can visit the nearest Albaraka Turk Branch with your identification documents to open a current account.

Transactions

You can perform the transactions related to your Special Current Account by calling Alo Albaraka at 444 5 666, or via our internet branch, or using our ATMs or other banks' ATMs with your debit card.

SDIF Insurance

Up to TL 100,000 of the total account balance belonging to real persons is guaranteed by the Savings Deposit Insurance Fund (SDIF).